I've been waiting for the final conclusion since Mar16th, where is it? Is chinese property a bubble or not?

2:43 am May 14, 2011

Pierce Smith wrote:

The Chinese government is enforcing emergency measures to prevent the bubble burst. For example, higher taxes, higher downpay on second homes, and restricted higher interest loans. The Chinese people lack confidence due to instability of government policy (ie trying to prevent the bubble). Basically, the government is making it unwise to buy or sell real estate in China. So, bubble watchers wait while the government puts on the brakes. However, eventually, other unwanted factors such as inflation creep into the real estate formula. Who knows when, it does not seem to be a matter of if.

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